After a turbulent start to the week, U.S. spot Bitcoin and Ethereum ETFs bounced back on Tuesday with $340 million in combined daily inflows, signaling renewed investor confidence following one of the largest crypto liquidations in recent history.
Data from SoSoValue shows that spot Bitcoin ETFs attracted $102.6 million in net inflows, reversing part of Monday’s steep $755 million outflow. Fidelity’s FBTC led the recovery with $132.67 million in inflows, while funds from Ark & 21Shares and Bitwise also posted gains. However, not all funds joined the rebound—BlackRock’s IBIT saw $30.8 million in outflows, and Valkyrie’s BRRR recorded $14 million leaving the fund.
Ethereum ETFs saw even stronger momentum, with $236.22 million in total net inflows across six funds. Fidelity’s FETH topped the list at $154.62 million, while Grayscale, Bitwise, VanEck, and Franklin Templeton also reported notable gains, suggesting that investors may be diversifying toward Ethereum amid market uncertainty.
The turnaround follows a weekend of intense market turmoil, during which over $500 billion in crypto market capitalization was wiped out. The selloff—driven by U.S. President Donald Trump’s announcement of a 100% tariff on Chinese imports—sparked fears of a renewed trade war, dragging down crypto prices by roughly 10% across the board.
Vincent Liu, Chief Investment Officer at Kronos Research, said that Monday’s steep outflows reflected “cautious sentiment” among institutional investors reacting to the selloff. Analysts now warn that volatility could persist as markets digest potential trade disruptions and await the November 1 tariff deadline.
“We shouldn’t read too much into day-to-day movements right now,” said Augustine Fan, Head of Insights at SignalPlus. “After a multi-sigma selloff like Friday’s, it’s normal for markets to stay choppy as traders react to new headlines and shifting macro conditions.”
As of Wednesday morning, according to data, Bitcoin had edged up 0.58% to $112,423, while Ether gained 2.84% to $4,112—a modest but encouraging sign that investors are cautiously reentering the market.
